Sharad Bagri
Columbus and Dayton, Ohio—B or C+ Neighborhoods, where are they?
9 November 2024 | 8 replies
Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
As mentioned in our communications, Management will provide a full breakdown of investment allocation across Norada's portfolio businesses in the coming days.Will there be continued interest payments?
Foley Schmidt
NEW MEMBER INTRO - Foley Schmidt of Mindful Real Estate Partners
7 November 2024 | 4 replies
We are disciplined capital allocators, excellent communicators and highly accountable.
Scott Trench
REPS And Active Losses and Gains
16 November 2024 | 21 replies
As a general partner on two syndication deals, I’d recommend reaching out to your main sponsor to understand how depreciation is allocated between general partners and limited partners for that particular deal.
Mitchell Coles
Value-Add Opportunity: Renovating an 8-Unit Apartment Building in Drexel, NC
7 November 2024 | 0 replies
I financed this deal through a private lender, allowing for a swift acquisition and the flexibility to allocate funds toward renovations.
Renee Ren
Anyone invested in Fundrise?
11 November 2024 | 12 replies
Private interval funds generally target 15-20% of their allocation to short term investments or reits so they can satisfy investor redemptions after a shorter lockup (usually 2-3yrs), of course this may create a cash drag on returns if not managed appropriately.
Melanie Baldridge
It’s not what you make, it’s what you keep!
6 November 2024 | 0 replies
Others 15 yrs, etc.So we depreciate a portion of the asset costs faster.We do the study and get dollar amounts assigned to different parts and different schedules to front-load depreciation.Now you can get 5 or 6% of the value as a deduction in the early years...But wait... there's more.Bonus depreciation allows you to deduct a certain percentage of cost in the first year an asset is put into service.Anything that is on a schedule of 15 years or less...So the doors, sidewalks, HVAC, walls, latches, curbs, security, gates, etcA % of this stuff goes in Yr 1.For years 2015 through 2017, first-year bonus depreciation for these items was set at 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019, 0% in 2020.But then the Tax Cuts and Jobs act moved this percentage to 100% from 2017 to 2022 and 80% in 2023 and 60% in 2024.Its not uncommon to allocate 30% of an asset cost to items that can be depreciated on a 15 year or faster time frame.So now 60% of that 30% of your asset's cost can be depreciated in the first year, excluding land.Pretty great.This is how real estate owners, investors, and operators make millions and pay very little in taxes compared to W2 employees.They pay even less and can offset other types of income if they are an RE Pro.
Karina Busch
HATE Bookkeeping. HELP.
7 November 2024 | 22 replies
PS: I have an excellent CPA, not looking to change, just looking to figure out a better process to streamline expense/income tracking and allocation to different properties.
Taylor Koutroumbis
Has anyone had success with Section 8 in Tampa?
6 November 2024 | 6 replies
Plus, if you’re using Section 8, you’re likely listing your property above market rent due to the allocated vouchers.
Alexander Szikla
Housing Market Outlook 2024: Harris vs. Trump
4 November 2024 | 1 reply
Tax Strategy: Making the 2017 tax cuts permanent to stimulate investment and consumptionMarket implications under Trump include potential for accelerated price growth in existing homes, increased private sector development opportunities, and more flexible lending standards through GSE privatization.Similarly, clever allocators of capital may want to focus on market rate housing and more aggressive development opportunities while considering GSE privatization impacts under a Trump administration.Regardless of who you support or which way you lean, both candidates acknowledge the need for increased housing supply.